In this section of the website you will discover over 2400 defaulted Bounce Back Loans, along with the Company and Directors / Sole Traders names, all of whom received some form of punishment (also revealed) as it was found each of them had abused the BBL scheme in one way or another. Grab a coffee, but please do not choke on it, as you read them, for some of the BBL associated skulduggery is quite shocking.
Insolvency Service Claim Company Director Over-Egged Business Turnover Figure to Get a £50K Barclays Bounce Back Loan and Spent a Chunk of it Paying His Personal Credit Card Bill So Slap Him with a 6 Year Disqualification at Insolvency
A Barclays Bank issued Bounce Back Loan is what today’s case revolves around, a large chuck of which the Insolvency Service claim was spent on paying a Company Director’s personal credit card bill off with, that along with them saying he also over-egged his turnover resulted in a 6 year disqualification. […]